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Phil Abram from Thomson Financial's Corporate Advisory Services group discusses the subprime situation.Transcript:Bubbles bursting; credit crunching; 2007 was the year subprime slammed the markets. I'm...
I didn't want to short-change y'all.Subprime Lenders DefinedA sub-prime lender is one who lends to borrowers who do not qualify for loans from mainstream lenders....